- Northeast: Regionally, the median existing single-family home price in the Northeast declined 3.2 percent to $238,000 in the second quarter from a year earlier. Existing-home sales in the Northeast jumped 14.9 percent in the second quarter to a level of 980,000 and are 23.6 percent above the second quarter of 2009.
- Midwest: In the Midwest, the median existing single-family home price increased 1.4 percent to $148,500 in the second quarter from the second quarter of last year. Existing-home sales in the Midwest rose 14.5 percent in the second quarter to a pace of 1.30 million and are 20.9 percent above the same period in 2009.
- South: In the South, the median existing single-family home price slipped 2.0 percent to $155,500 in the second quarter from the second quarter of 2009. Existing-home sales in the South increased 10.9 percent in the second quarter to an annual rate of 2.10 million and are 18.8 percent above a year ago.
- West: The median existing single-family home price in the West rose 2.6 percent to $219,700 in the second quarter from a year ago. Existing-home sales in the West fell 2.6 percent in the second quarter to an annual rate of 1.23 million but are 7.6 percent higher than the second quarter of 2009.
Created as a Tool to assist current, previous, and future Clients with their Real Estate questions and concerns, this blog is meant to be an informative tool where you can learn of important changes to our market that may affect how you Buy or Sell your home. Hear of Testimonials from Friends, Family, and my clients whom have enjoyed there real estate experience.
Wednesday, August 11, 2010
Curious To Know What Home Prices are Doing?
Here is what home prices are doing in your Neck of the woods. For an estimate on your home, call your REALTOR Today...
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